Airport, Airline, and Parking Industry News

At Search Airport Parking we seek out the best deals for airport parking so you don't have to. Whether you are looking for short term, valet parking, self park, or long term parking, Search Airport Parking can find you cheap airport parking alternatives. We search the Internet for airport parking discounts and airport parking coupons and link them to our Airport Parking Directory.

The purpose of this blog is to compile airport parking news as well as airport news and airline news in one place for our parking customers as well as those in the parking industry. The following articles and press releases on the airport, airline, and parking industry are from various news sources and the links will take you to the source's web site:

Thursday, November 11, 2010

Standard Parking Corporation Reports Solid Third Quarter Growth; Reaffirms Guidance

November 3, 2010 - Market Watch (GlobeNewswire via COMTEX) -- Standard Parking Corporation /quotes/comstock/15*!stan/quotes/nls/stan (STAN 18.33, -0.07, -0.38%) , one of the nation's leading providers of parking management, ground transportation and other ancillary services, today announced 2010 third quarter results. Net income attributable to the Company increased 16% compared with the year ago quarter, to $4.8 million, or $0.30 per share. Earnings per share increased 11% over the third quarter of 2009. The Company also generated $12.7 million of free cash flow in the quarter.

James A. Wilhelm, President and Chief Executive Officer, said, "We're pleased to see these solid third quarter results. Our ability to deliver such consistent results against the backdrop of a challenging economy is a testament to the soundness of our business model. While we're not anticipating significant short-term improvement in macro-economic conditions, we're confident that as those conditions improve we'll be able to reap the benefits of a full new business pipeline as well as the development of our new SP Plus(R) branded service lines and vertical markets. In addition, we continue to evaluate several acquisition candidates. As we look ahead to 2011, our expectations are for another year of solid growth." Read More.

Like us on Facebook

No comments:

Post a Comment